Investing News Blog

Thursday, August 10, 2006

Wealth: Grow It, Protect It, Spend It and Share It

A book recently published by Knowledge@Wharton and written by Stuart E. Lucas is being featured over Wharton. He is a financial advisor and heir to the Carnation fortune (evaporated milk and non-dairy creamers).
There is a book review and excerpt from the book here.
Here's some of the major topics of the book..
  • Principle #1: Take Charge and Do It Early
  • Principle #2: Align Family and Business Interests around Wealth-Building Goals and Strategies
  • Principle #3: Create a Culture of Accountability
  • Principle #4: Capitalize on Your Family's Combined Resources
  • Principle #5: Delegate, Empower, and Respect Independence
  • Principle #6: Diversify but Focus
  • Principle #7: Err on the Side of Simplicity When Possible
  • Principle #8: Develop Future Family Leaders with Strong Wealth Management Skills

See more about "Wealth: Grow It, Protect It, Spend It and Share It" over at Wharton.

# Wealth News, Finance News